The Role of the State

Political Economy of Covid-19: Surveillance and the Future of Privacy

Join the Stigler Center on Monday, May 11, for a conversation with The Markup’s editor-in-chief Julia Angwin and University of Chicago Law professor Lior Strahilevitz,...

Here’s How Covid-19 Is Boosting Monopolization and Market Power

Monopolization and consolidation can happen for what seem to be good, or least necessary, reasons. How we respond as a society depends on how...

How Alliances Carriers Established a Permanent Cartel

American carriers faced the post 9/11 demand shock, while the European intercontinental flag carriers were facing increased competition in the Middle East and Asia....

The Airline Industry’s Post-2004 Consolidation Reversed 30 Years of Successful Pro-Consumer Policies

A small number of intercontinental carriers recaptured control of industry oversight in Washington and Brussels to convert the world’s most important markets from robust...

Using Regulation to Dismantle Powerful Corporate Pyramids

Evidence from the United States, Japan, Korea, and Israel shows that to successfully curb the influence of large corporate entities, it is important to...

How the Tension Between Big Business and Antitrust Will Reshape Post-Covid America

Big Business is going to be structuring the response to the pandemic, at least temporarily. A new generation of leaders and thinkers is not...

The Coronavirus Crisis Has Exposed Private Equity’s Unsustainable Business Model

Private equity portfolio companies are heavily indebted, and they aren’t generating enough cash to service debts. The steady increase in asset values since 2009...

Samsung and the Political Power of South Korean Chaebols: a Webinar with Sangin Park and Guy Rolnik

The Stigler Center’s 2020 Antitrust and Competition Conference will discuss the interconnection between monopolies and politics. Our pre-conference Webinar Series explores the extent to which firms can leverage...

Too Big to Jail: How Powerful Korean Executives Escape Indictment or Conviction

The failures to hold the founding families of Korean conglomerates accountable for crimes undermined the rule of law and the corporation system, which are...

The Cantillon Effect: Why Wall Street Gets a Bailout and You Don’t

According to the 18th-century French banker and philosopher Richard Cantillon, who benefits when the state prints money is based on its institutional setup. In...

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